To provide a method for producing a tetrafluoroethylene copolymer, wherein the polymerization rate is excellent, the copolymer to be obtained is excellent in mechanical properties such as the tensile strength, it is free from coloration and can be melt-molded. A method for producing a melt-moldable tetrafluoroethylene copolymer comprising repeating units (a) based on tetrafluoroethylene and repeating units (b) based on another fluoromonomer, wherein based on the total mass of the repeating units (a) and the repeating units (b), the amount of the repeating units (a) is from 97.3 to 99.5 mass %, and the volume flow rate is from 0.1 to 1000 mm.sup.3/s, characterized by radical suspension-polymerizing tetrafluoroethylene and the fluoromonomer in an aqueous medium in the presence of a radical polymerization initiator and at least one chain transfer agent selected from the group consisting of methane, ethane, a hydrochlorocarbon, a hydrofluorocarbon and a hydrochlorofluorocarbon.